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IMF aligns Greek projections with EU, revises down GDP
Economyrecession estimate of 2.3 percent to be met, GDP needs to contract by more than 5 percent in the second... to the other eurozone countries, although lower than earlier in the year, still remain a concern, IMF
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
Economypeaking to 3.5 percent in 2019-2020. The IMF’s medium-term forecasts are also lower than... the debt ratio slipping to 182.5 percent in 2020, still higher than that of 2014 (177.1 percent
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New Democracy decides on date for leadership vote, candidates get on the road
PoliticsGreek Politics. The dates are later than had been expected. Current leader Evangelos Meimarakis had initially proposed... with society, rather than someone who has a presence in Parliament. The 37-year-old’s candidacy has
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Poverty risk rate in Greece hits high of 36 pct in 2014
Society. For a couple with two children younger than 14 years, the figure was 9,677 euros. The data ranked Greece... than a fifth of the year. In Greece, that figure stood at 17.2 percent (compared to 18.2 in 2013
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Privatisation chief sees gradual progress but revenues remain unclear
Economy, which is a month later than the previous HRADF statement in mid-August. Pitsiorlas added that the deadline for the binding bids for Thessaloniki Port (OLTH) would also be extended by more than a month
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomythan offsetting a decline in the services’ balance by 142 million. In addition, the secondary income... reflects shrinking goods’ deficit by around 3 billion more than offsetting a considerable decline
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Greek shares up for the third straight week on strong performance from banks
Economythe cumulative gains of more than 11 percent over the past three weeks, Greek shares are down 10.7... a trading update for the third quarter (Q3) showing non-performing loan (NPL) formation more than
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First visit by quadriga to Athens leaves series of issues unresolved
EconomyProgrammefor banking recapitalisation would be made available after the first review and no later than November... seems to be taking longer than initially expected. Greece has so far implemented only one third
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Final structure of bank recap taking shape, cautious optimism for outcome
Economybelow 20 percent or more than half of the current levels. Greek banks have conducted two major... not have any shareholder controlling more than 5 percent of their share capital, while John Paulson
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomybalances have decreased by more than 20 percent over this period. The biggest cumulative drop... and 2016, albeit milder than initially anticipated, and thus further delaying the long-awaited
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